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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. i'm bethand i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to focus on the things you love. ink from chase. so you can. where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announ
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. i'm bethand i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in...
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Dec 8, 2013
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no more stops and starts, the president always gets credit and always gets blame for the economy regardless of how much he's able to turn it one way or the other. >> all right. candy crowley, thank you very much. >> thanks. >> keep it here, everybody, for "state of the union" with candy crowley. starts at the top of the hour right here on cnn. ya know, with new fedex one rate you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. with 7 antioxidants to support cell health. one a day men's 50+. it's time... for aveeno® positively radiant face moisturizer. [ female announcer ] only aveeno® has an active naturals total soy formula that instantly brightens skin. and helps reduce the look of brown spots in just 4 weeks. for healthy radiant skin. try it for a month. then go ahead and try to spot a s
no more stops and starts, the president always gets credit and always gets blame for the economy regardless of how much he's able to turn it one way or the other. >> all right. candy crowley, thank you very much. >> thanks. >> keep it here, everybody, for "state of the union" with candy crowley. starts at the top of the hour right here on cnn. ya know, with new fedex one rate you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's...
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Dec 3, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses discover card. hey! so i'm looking at my bill, and my fico® credit score's on here. yeah, you've got our discover it card, so you get your fico® score on your monthly statements now, for free! that's nice of you! it's a great way to stay on top of your credit, and make sure things look the way they should. awesomesauce! huh! my twin sister always says that. wait...lisa? julie?! you sound really different on the phone. do i sound pleasant? for once in your life you sound very pleasant. at discover, we treat you like you'd treat you. free fico® credit score. get the it card at discover.com. spuyten duy >>> the speed was paul walker's calling card, now investigators
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses discover card. hey! so i'm looking at my bill, and my fico® credit score's on here. yeah, you've got...
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Dec 5, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so you want to drive moreation, safely? of smart.and expenses stop eating. take deep breaths. avoid bad weather. [ whispers ] get eight hours. ♪ [ shouts over music ] turn it down! and, of course, talk to farmers. hi. hi. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum ♪ >>> tonight new details about the horrific car crash that killed "fast and furious" star paul walker. preliminary coroner's report has ruled his death an accident. findings add to the picture still coming into focus. the high performance porsche hitting a light pole and tree on saturday before bursting into flames. the gap between the crash and the fire raised questions about whether the driver richard rodas may have survived the crash. kyu
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so you want to drive moreation, safely? of smart.and expenses stop eating. take deep breaths. avoid bad weather. [ whispers ] get eight hours. ♪ [ shouts...
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gra♪y and more, (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. because what you don't know, can hurt you.urance. what if you didn't know that posting your travel plans online may attract burglars? [woman] off to hawaii! what if you didn't know that as the price of gold rises, so should the coverage on your jewelry? [prospector] ahh! what if you didn't know that kitty litter can help you out of a slippery situation? the more you know, the better you can plan for what's ahead. talk to farmers and get smarter about your insurance. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum♪ >>> welcome back to "new day." we're learning more about what really is being described as a bizarre incident that left a student dead at a texas christian college. campus police now say the 23-year-old hit a police officer with his baton, forcing the officer to fire at him. but his friends, the students' friends, say the honor student would not do that. cnn's george howell has more. >> reporter: on the campus of
gra♪y and more, (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. because what you don't know, can hurt you.urance. what if you didn't know that posting your travel plans online may attract burglars? [woman] off to hawaii! what if you didn't know that as the price of gold rises, so should the coverage on your jewelry? [prospector] ahh! what if you didn't know that kitty litter can help you out of a slippery situation? the...
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Dec 4, 2013
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only ford gives you ecoboost fuel economy and a whole lot more. go further. waffle bars... fancy robes... seems every hotel has something to love... so join the loyalty program that lets you earn free nights in any of them. plus, for a limited time, members can win a free night every day. only at hotels.com ♪ i need dollar dollar dollar is what i need ♪ >>> welcome back to "new day," my friend. we have the real-life top gun story in just a moment but first, a quick check of sports headlines in this morning's "bleacher report." >>> you knew missing the playoffs for the first time in 19 years wasn't going to sit well with the yankees. this time around, they're steeling jacoby ellsbury is way from the red sox. they reportedly signed him to a seven-year, $153 million contract, the fourth largest deal in yankees history. ellsbury will have to shave his beard. the yankees have that no facial hair policy. >>> warriors, raptors games looked like a snoozer. toronto it a 27-point lead but golden state mounted an epic comeback. they used a barrage of thr
only ford gives you ecoboost fuel economy and a whole lot more. go further. waffle bars... fancy robes... seems every hotel has something to love... so join the loyalty program that lets you earn free nights in any of them. plus, for a limited time, members can win a free night every day. only at hotels.com ♪ i need dollar dollar dollar is what i need ♪ >>> welcome back to "new day," my friend. we have the real-life top gun story in just a moment but first, a quick check...
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Dec 2, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i got thrown across back and forth and it came to like a halt and there was just people screaming. >> off the tracks. new information this morning on what caused that deadly train crash. we hear from passengers inside and investigators trying to determine what went wrong. >> growing threat. two of the country's intelligence leaders tell cnn the threat of terrorism is now greater than before. how real is it? >> caught on tape. the amazing rescue story, a ship submerged, the cook trapped live underwater for three days. we have the moment divers find him and bring him to safety. >> your "new day" continues right now. >> this is "new day" with chris cuomo, kate boldin, and ma kayla pereira. >> welcome back to "new day,"
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i got thrown across back and forth and it came to like a halt and there was just people screaming. >> off the tracks. new information this...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> your rights as a frequent flyer are on the line right now before the united states supreme court. this case is generating lots of buzz. the justices heard arguments today pitting the airline against a rabbi whose frequent flyer privileges were yanked because he was complaining too much. >> almost always complaints get resolved without the lawyers getting involved. it's been said that rabbi benjamin glinsburg spends more time in the air than on the ground. he was dumped from his frequent flyer program, why? because he complained too much. they said he was abusing the program to get extra perks. he says his complaints were all on the up and up. >> it wasn't an issue where the peanuts were too salty or that they served
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> your rights as a frequent flyer are on the line right now before the united states supreme court. this case is generating lots of buzz. the...
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Dec 9, 2013
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. >> you're causing them to become this part of perpetual unemployed group in our economy. while it seems good, it does a disselfto the people you're trying to help. >> uh, no. welcome to the real world, senator, where there are still three job applicants for every one job out there, cutting the lifeline for active job seekers there not magically create, but it will put -- cutting unemployment benefits? that is a five ho ho ho, newt gingrich. first, let me say i believe there are things we could do to dramatically improve the impact. to actually prepare people for getting to work and versus a better job in the future. but took in the crossfire, weapon hawaii's democratic
. >> you're causing them to become this part of perpetual unemployed group in our economy. while it seems good, it does a disselfto the people you're trying to help. >> uh, no. welcome to the real world, senator, where there are still three job applicants for every one job out there, cutting the lifeline for active job seekers there not magically create, but it will put -- cutting unemployment benefits? that is a five ho ho ho, newt gingrich. first, let me say i believe there are...
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many of them would help our economy. they are still sitting in the united states senate. 150 bills sitting in the senate. senate democrats and president continue to stand in the way of america's priorities. >> democrats in congress and president obama point fingers right back at the gop. >> instead of rooting for failure or refighting old battles, republicans in congress need to work with us. >> most of you don't think things will improve next year. six in ten in a recent national journal connection survey said cooperation between the white house and republicans in congress will be just as bad next year as it is now with nearly a quarter saying there will be less agreements between the two parties. not a lot to look forward to. christi, victor. >> paul steinhouse. >> it's sunday, that means you've got to get ready for the week ahead. we'll help you do that. lets talk about what's going on. tuesday, nelson mandela's memorial service, president obama, former presidents george w. bush, bill clinton, all going to attend. mov
many of them would help our economy. they are still sitting in the united states senate. 150 bills sitting in the senate. senate democrats and president continue to stand in the way of america's priorities. >> democrats in congress and president obama point fingers right back at the gop. >> instead of rooting for failure or refighting old battles, republicans in congress need to work with us. >> most of you don't think things will improve next year. six in ten in a recent...
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> we're bringing you the breaks news, or special breaking news coverage here in "the situation room" of the death of nelson mandela, the first black president of south africa. a nobel peace prizewinner, certainly a great inspiration for the entire world, as a champion of freedom, civil rights and democracy. the current president of south africa announced the death of the 95-year-old mandela, calling him the country's greatest son. >> our prayers are with the mandela family. to them we owe a debt of gratitude. they have sacrificed much, and endured much so that our people could be free. >> jacob zuma speaking only a little while ago, the president of south africa. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer here in washington. these are live pictures from outside the home of nelson mandela, outside johannesburg. the folks are gathering there, and they're paying their respects in the south africa traditio
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> we're bringing you the breaks news, or special breaking news coverage here in "the situation room" of the death of nelson mandela, the first black president of south africa. a nobel peace prizewinner, certainly a great inspiration for the entire world, as a champion of freedom, civil rights and democracy. the current president of south africa...
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nelson mandela knew thought was the pressure that we put on american firms that broke the economy, that led to the crushing of apartheid. and he was deeply appreciative of that. he knew that we had in america spots that we were not proud of on our history. but he also knew that it was our constitution and our love for freedom was what he was wanted to and did bring to south africa. so anybody that would say because castro and the other countries were more sympathetic than we were, you bet your life we're not proud of the fact that we were late to get involved in this freedom fight. but nelson mandela loved america, and he loved the appreciation that we have given to him. but finally i want to say one gift that he gave to black america was our heritages. we have been raised and separate from africa from the time we came here in slavery. we lost our names, our culture, our music. and not only did they take it away but they would have us to believe that the people in africa, the place that civilization was born, was inferior. one thing is abundantly clear, that when nelson hit harlem, when
nelson mandela knew thought was the pressure that we put on american firms that broke the economy, that led to the crushing of apartheid. and he was deeply appreciative of that. he knew that we had in america spots that we were not proud of on our history. but he also knew that it was our constitution and our love for freedom was what he was wanted to and did bring to south africa. so anybody that would say because castro and the other countries were more sympathetic than we were, you bet your...
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. stick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now. philips sonicare. >>> bottom of the hour, i'm brooke baldwin. it's the anniversary no one wants to recognize, but everyone understands the need to. now there's a question as to just how that should be done. this coming saturday will mark one year since a gunman murdered 27 people in newtown, connecticut, including 20 first graders. city officials have asked the media not to come to town. >> you're fully aware of our tragedy. we're trying to say to the world, please give us a chance to grow into that really happy, healthy place that loves children and families, that has great schools. we know who we are. we know that's our destiny, but we need you to help us get there by please staying away. >> cnn has decided not to go to newtown this saturday. some of the victim's families have offered a way for people to reach out on that
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. stick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now. philips sonicare. >>> bottom of the hour, i'm brooke baldwin. it's the anniversary no one wants to recognize, but everyone understands the need to. now there's a question as to just how that should be done. this coming saturday will...
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, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. if you're eligible for medicare, you might know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and virtually no referrals needed. so don't wait. call now to request a free decision guide to help you understand medicare. and which aarp medicare supplement plan might work best for you. ther
, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. if you're eligible for medicare, you might know it only covers about 80% of your part b...
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, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> global leaders honored nelson mandela today at a massive outdoor memorial in johannesburg, but it's a single handshake getting a lot of attention today. president obama led the u.s. delegation to that ceremony that included three former u.s. presidents. in his remarks delivered in the pouring rain, the president reminded the audience that mandela's greatness was not that he was a saint but rather a flawed human who never gave up his ideals of racial equality. >> there's a word in south afri africa, a word that captures mandela's greatest gift. his recognition that we are all bound together in ways that are invisible to the eye. >> far from being a somber affair, there were some light hearted moments like this. look
, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> global leaders honored nelson mandela today at a massive outdoor memorial in johannesburg, but it's a single...
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these trends are bad for our economy. one study finds that growth is more fragile and recessions are more frequent in countries with greater inequality. and that makes sense. when families have less to spend that means businesses have fewer customers. and households rack up greater mortgage and credit card debt. meanwhile concentrated wealth at the top is less likely to result in the broodly based consumer spending that drives our economy. rising inequality and declining mobility are also bad for our families and social cohesion, not just because we tend to trust our institutions less, but studies show we actually tend to trust each other less when there's greater inequality. and greater inequality is associated with less mobility between generations. that means the effects last. it creates a vicious cycle. for example, by the time she turns three years old, a child born into a low-income home hears 30 million fewer words than a child from well-off family. which means by the time she starts school she is already behind an
these trends are bad for our economy. one study finds that growth is more fragile and recessions are more frequent in countries with greater inequality. and that makes sense. when families have less to spend that means businesses have fewer customers. and households rack up greater mortgage and credit card debt. meanwhile concentrated wealth at the top is less likely to result in the broodly based consumer spending that drives our economy. rising inequality and declining mobility are also bad...
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economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement is now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped by five thousand pounds over the past five years so that's a drop of six point four percent according to the office of national statistics george osborne is saying those are a lie he's going to come out with his own report to show that in fact those numbers are deceptive yeah for new stuff so much a clown as he is one of these french minds and but he speaks which is kind of interesting for a mind he's more of a friend of mine it's a pentagon show and he believes that these numbers do not tell the truth these are all remote
economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement is now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped...
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find out what's really happening to the global economy in the kinds of reports on. the media leave us so we leave that maybe. by the same motion suit your. play your part of the physical. issues that no one is asking with the guests that you deserve answers from it's all on politicking only on our t.v. . welcome back you're watching our theatre national i'm marina joshie now to iceland were some controversial ways of jumpstarting economy are being rolled out instead of trying to save the bankrupt banks the government let them go to the wall leadership then decided to reject a last deposit repayment scheme swayed by protesters who said this wouldn't be fair instead every household in the country will have twenty four thousand euros written off their mortgage banking executives accused of causing the crisis in the first place are also being pursued by the state professor of economics rodney shakespeare believes that iceland is setting a remarkable example you must rely on your own national bank for your own uses for your own really calling me for the spreading and if
find out what's really happening to the global economy in the kinds of reports on. the media leave us so we leave that maybe. by the same motion suit your. play your part of the physical. issues that no one is asking with the guests that you deserve answers from it's all on politicking only on our t.v. . welcome back you're watching our theatre national i'm marina joshie now to iceland were some controversial ways of jumpstarting economy are being rolled out instead of trying to save the...
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economy. when he got into office, they had been really sapped by sanctions for all these years and could have gone either way. look at zimbabwe next door. interesting because you mentioned the sanctions risk. there was a divide in this country about the sanctions. reagan was slow to act and there was a lot of pressure or members of the congressional black caucus and other circles as they have been noting tonight, lots of concerts in support of mr. mandela, lots of concerts in support of those who said that we should not have any dealings with south africa as long as apartheid was still in place. >> the people for sanctions were on the right side of history because it really did weaken the regime and probably brought them to the bargaining table much quicker. >> in your article, you noted south africa's economic and clinical aspects were intertwined. how so? how did he help to narrow that defined? had growth rates under 1% during the entire apartheid regime. from the time he was a like did unti
economy. when he got into office, they had been really sapped by sanctions for all these years and could have gone either way. look at zimbabwe next door. interesting because you mentioned the sanctions risk. there was a divide in this country about the sanctions. reagan was slow to act and there was a lot of pressure or members of the congressional black caucus and other circles as they have been noting tonight, lots of concerts in support of mr. mandela, lots of concerts in support of those...
SFGTV2: San Francisco Government Television
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that is essentially an innovation economy; right? because they were building off their major institutions the cleveland clinic so you say flips in business crayons claefd and akron metro coming together and saying we've got the help your network of small and medium sized companies we're not talking about big manufacturing firms that are retooling their business model and making investments in their facilities and any training workers and beginning to design their new proteins for global markets priermentd. because they're small they really need the help and support of intermediatey institutions so they can assess capital. they're all in what we would call the stem economic scientists and technology and engineering and math; right? and the country has really go forward for a long time the fact we've got a to start in our high schools having a fairly substantial number of kids on a track brown where ware doing computer science to get the skills to go into the firms and no non-manufacturing companies and get good jobs. we decided we, yo
that is essentially an innovation economy; right? because they were building off their major institutions the cleveland clinic so you say flips in business crayons claefd and akron metro coming together and saying we've got the help your network of small and medium sized companies we're not talking about big manufacturing firms that are retooling their business model and making investments in their facilities and any training workers and beginning to design their new proteins for global markets...
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five years ago, the united states economy was reeling from a devastating economy since the late depression -- since the great depression. our economy was shrinking at an 8.3% annual rate. credit was frozen. our auto industry was sliding toward the abyss. and millions of americans were losing their homes and their life savings. to make matters worse, to contain the damage and keep their economy from melting down completely, american taxpayers were forced to provide extraordinary assistance to financial institutions and other companies, many of which had taken risks that contributed to the economic crisis. the president faced an economy teetering on the edge. in response, he quickly moved to put out the financial fires, restore growth and get people back to work. but he was also determined to make sure that a financial crisis like this never happens again. produced the most copperheads of overhaul of our financial system since the great depression. bringing our financial system into the 21st century and creating tools to address a complex and ever-changing market -- and set of markets and in
five years ago, the united states economy was reeling from a devastating economy since the late depression -- since the great depression. our economy was shrinking at an 8.3% annual rate. credit was frozen. our auto industry was sliding toward the abyss. and millions of americans were losing their homes and their life savings. to make matters worse, to contain the damage and keep their economy from melting down completely, american taxpayers were forced to provide extraordinary assistance to...
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the economy. is the public that just goes up and i don't think the country can afford it it will be very great to you know everyone could buy a house. i think it's a good thing we used to have laws in germany where you could get subsidies as a home owner but that's a thing of a past this is ok if you didn't get this i think for individual people it would be good news but not for the country you never know where the money comes from for such gifts i says crisis plan though controversial has helped many there stave off financial disaster but here's what happens when government measures don't go so well almost a quarter of people in the live under the threat of poverty that's more than one hundred twenty million people too are the latest additions to the block ball gary in romania topped the list of europe's poorest countries and next as he can offer reports even the founding e.u. states like italy and are struggling more than ever. marco used to work as a pizza your many talents used to call it the
the economy. is the public that just goes up and i don't think the country can afford it it will be very great to you know everyone could buy a house. i think it's a good thing we used to have laws in germany where you could get subsidies as a home owner but that's a thing of a past this is ok if you didn't get this i think for individual people it would be good news but not for the country you never know where the money comes from for such gifts i says crisis plan though controversial has...
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and this is the people who can't even afford to eat this is looking at the true state of the british economy now george osborne as we said he likes the deny the statistics deny the actual facts but tweet from the independent reads experts said government may be covering up how austerity and welfare cuts are adding to food crisis hunger in britain has reached the level of a quote public health emergency and the government may be covering up the extent to which all stared and welfare cuts are adding to the problem leading experts have said this is from the british medical journal and they spoke to a group of doctors senior academics and two leading universities all the way to calculate g.d.p. in this country is how many people are killing so it's really debt per death or a death so they'll be fuel poverty this winter meaning people will die like they did last winter and that will add to the g.d.p. so i was born talk about g.d.p. growth these are showing dead bodies and the first we looked at bodies over helps our g.d.p. growth. so the report by these doctors and universities. is that a surge i
and this is the people who can't even afford to eat this is looking at the true state of the british economy now george osborne as we said he likes the deny the statistics deny the actual facts but tweet from the independent reads experts said government may be covering up how austerity and welfare cuts are adding to food crisis hunger in britain has reached the level of a quote public health emergency and the government may be covering up the extent to which all stared and welfare cuts are...
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Dec 9, 2013
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two economies of roughly equal size means that the international involvement of those economies with each other and with the rt of the world are roughly on the same scale. so the international importance of the euro for private business is likely to be of roughly the same order of magnitude as the international importance of the dollar for private businesses. the creation of the euro was really a political event more than an economic event. of course it has economic consequences, but the reason the europeans did this was to accelerate their move to a european federation, to a united states of europe. schoumacher: having a common currency in which to do business, having increased the integration of european business enterprises and other activities across borders is more likely to create a single european market rather than a fragmented market. what the euro means is that member countries will no long be able to have their own monetary policies. what that means is that the interest rate in france and spain and germany and ireland must be the same, thereannot difft terest rates because
two economies of roughly equal size means that the international involvement of those economies with each other and with the rt of the world are roughly on the same scale. so the international importance of the euro for private business is likely to be of roughly the same order of magnitude as the international importance of the dollar for private businesses. the creation of the euro was really a political event more than an economic event. of course it has economic consequences, but the reason...
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Dec 5, 2013
12/13
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the economy didn't always work for everyone. racial discrimination locked millions out of poverty -- or out of opportunity. women were too often confined to a handful of often poorly paid and it was only through painstaking struggle that more women, and minorities, and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post- world war ii years, the economic ground felt stable and secure for most americans, and the future looked brighter than the past. and for some, that meant following in your old man's footsteps at the local plant, and you knew that a blue-collar job would let you buy a home, and a car, maybe a vacation once in a while, health care, a reliable pension. for others, it meant going to college -- in some cases, maybe the first in your family to go to college. and it meant graduating without taking on loads of debt, and being able to count on advancement through a vibrant job market. now, it's true that those at the top, even in those year
the economy didn't always work for everyone. racial discrimination locked millions out of poverty -- or out of opportunity. women were too often confined to a handful of often poorly paid and it was only through painstaking struggle that more women, and minorities, and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post- world war ii years, the economic ground felt stable and secure for most americans, and the...
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Dec 6, 2013
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the economy contracted. a lot of concern in brazil at the moment. >> you get a sense that the designed to shine a light on the positives of the country, to get it to the front and center. you don't want the kind of that we have got at the moment. >> everyone is looking at you. over $1rica spent just billion of stadiums. brazil is spending three times theuch and everyone in country is asking questions, why? we need upgrades to infrastructure. there are a lot of people who need help. you saw it over the summer. a rising middle class demanding a -- more out of their government and asking why. they will be hoping the losses on the stadiums don't continue. >> thank you very much indeed, jonathan ferro. let's continue the conversation surrounding brazil. >> at skidmore on brazil after the tragic accident. brazil is set to meet the december deadline. while the stadium will eventually be complete, we want to know what deeper economic issues are thwarting progress. i am joined by gary greenberg, head of emerging mark
the economy contracted. a lot of concern in brazil at the moment. >> you get a sense that the designed to shine a light on the positives of the country, to get it to the front and center. you don't want the kind of that we have got at the moment. >> everyone is looking at you. over $1rica spent just billion of stadiums. brazil is spending three times theuch and everyone in country is asking questions, why? we need upgrades to infrastructure. there are a lot of people who need help....
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Dec 5, 2013
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instead of doing bad things to the economy, we should be doing things to help move the economy forward. we have a proposal to invest more in our national infrastructure. as do people around the country, that we have huge unmet needs in that sector. it is a win-win to get jobs moving on that front. we pay for that infrastructure by saying that spent more of the moneys that were going to be spent on nationbuilding overseas to help invest in our economy right here at home. we have built lots of roads and lots of facilities in places like afghanistan. but sale at -- we are saying let's take some of those savings and invest them at home. invest in theo jobs of the future through early education. we believe we have to replace the sequester, no doubt about it. we understand that we may not be able to replace the whole thing at once, that we need to replace it, and we need to replace it in a balanced way, a way that calls for shared responsibility, which is why we have said from the beginning that in addition to making targeted cuts, we should also look at closing special interest tax breaks t
instead of doing bad things to the economy, we should be doing things to help move the economy forward. we have a proposal to invest more in our national infrastructure. as do people around the country, that we have huge unmet needs in that sector. it is a win-win to get jobs moving on that front. we pay for that infrastructure by saying that spent more of the moneys that were going to be spent on nationbuilding overseas to help invest in our economy right here at home. we have built lots of...
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Dec 9, 2013
12/13
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many analysts now talk about mexico as the next tiger economy, or leopard economy, because there are no tigers in mexico. economic principle tells us that free trade or at least freer trade will mean lower consumer prices and in the long-term, job security and a stable, competitive economy. but in the real world, the short-term world, all of us and our elected officials find it hard to turn away from the plight of those whose jobs are threatened by competition from abroad, no matter how fair that competition. for "economics usa" this is david schoumacher. annenberg media ♪ annenberg media ♪ gold was the standard agait which most of the world valued its currency. why would the united states break from the gold standard in 1933? in 1944, world leaders designed a blueprint for a new international monetary order, a plan dependent upon the strength of the american dollar. what led to the collapse of the heralded bretton woods agreements?
many analysts now talk about mexico as the next tiger economy, or leopard economy, because there are no tigers in mexico. economic principle tells us that free trade or at least freer trade will mean lower consumer prices and in the long-term, job security and a stable, competitive economy. but in the real world, the short-term world, all of us and our elected officials find it hard to turn away from the plight of those whose jobs are threatened by competition from abroad, no matter how fair...
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economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped by five thousand pounds over the past five years so that's a drop of six point four percent according to the office of national statistics george osborne is saying those are a lie he's going to come out with his own report to show that in fact those numbers are deceptive yeah george osborne is thought so much a clown as he is one of these french mind and but he speaks which is kind of interesting for a mind he's more of a friend of mine it's a pentagon show and he believes these numbers do not tell the truth these are all
economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have...
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Dec 10, 2013
12/13
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economy. we've got big head winds from europe, from the currency, from ongoing deleveraging from households, we need to provide a lot of stimulus. but that stimulus can create risk. you mentioned the housing market, that's one example. we need to take other steps in order to reduce those risks. manage those risks, mitigate those risks and if we -- because if we don't we're going to create bigger problems down the road or we're going to have to pull back too soon on monetary policy which is the last thing we want to do. >> rose: we conclude with michael dell who just completed taking his company private. >> what i will say is that i'm very proud that during the time our company was public our stock appreciated over 13,500%, which was 27 times the amount of the s&p 500 during that same period. so, yeah, we missed something. everybody misses some things but we built one heck of a business. it's still one heck of a business and now it's growing at double digit rates and we're investing for the fut
economy. we've got big head winds from europe, from the currency, from ongoing deleveraging from households, we need to provide a lot of stimulus. but that stimulus can create risk. you mentioned the housing market, that's one example. we need to take other steps in order to reduce those risks. manage those risks, mitigate those risks and if we -- because if we don't we're going to create bigger problems down the road or we're going to have to pull back too soon on monetary policy which is the...
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Dec 10, 2013
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economy. if the economy remains strong, more demand less supply fairs will go up. but, american and u.s. airs have been reported by the justice department to give up seven teen pair of slots at la guardia airport in new york. those slots will be divided up right now between southwest and virgin america. the national airport, the justice department wants to see those slots go to low fairs too. >> or is it simply because there are fewer airline that can say more for fees and that's that. >> they are as much of the aaron industry as wings are to an airplane. they are here, they are not going to go away, what we will see is a change in how airline sell them. american has offered different bundles. and obviously, if you are a more loyal customer, if you pay a business type of fair, or if you carry certain credit cards you may get exempted from those fees. >> henry heart of the industry, henry thank you for coming on, we appreciate it. >> sure. >> it took a merger to save american airlines, it took
economy. if the economy remains strong, more demand less supply fairs will go up. but, american and u.s. airs have been reported by the justice department to give up seven teen pair of slots at la guardia airport in new york. those slots will be divided up right now between southwest and virgin america. the national airport, the justice department wants to see those slots go to low fairs too. >> or is it simply because there are fewer airline that can say more for fees and that's that....
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Dec 9, 2013
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is it the improving economy or is he divorced from the economy? >> it's really an important question because as susan said, it is difficult to really bounce back. if the economy does improve, that will help. no question about that. one of the things we have seen in public opinion over the last 60 days really is that this kind of base he had beneath him which is that people thought he was an honest president or a strong leader, some of that eroded significantly and i think that's the question as to whether even if the health care law seems to be working pretty well and even if the economy comes back, whether this sense of him as a weak president or somebody who was too detached has taken hold and it does divorce him from the forces that are changing the economy. >> fred, when you look at 2014, i know that it's easy to say it's going to be a bad year for the democrats because of health care and the president's job rating. you have this recovering economy. i assume that benefits all incumbent governors first. does it help democrats? >> yes, i do. i t
is it the improving economy or is he divorced from the economy? >> it's really an important question because as susan said, it is difficult to really bounce back. if the economy does improve, that will help. no question about that. one of the things we have seen in public opinion over the last 60 days really is that this kind of base he had beneath him which is that people thought he was an honest president or a strong leader, some of that eroded significantly and i think that's the...
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Dec 6, 2013
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today, archaeologists struggle to reconstruct the economies of the ancient world, because an economy is essential to any society, past or present. to understand the evolution of economies is to better understand people of all places and of all times. captions by captionamerica, pittsburgh, pa. funding for this program was provided by... for more information on t annenberg media ♪ provided by: narrador: en este episodio raquel y arturo siguen con la búsqueda de angel el hijo de rosario y fernando. el viejo amigo de angel, héctor, llama a arturo.
today, archaeologists struggle to reconstruct the economies of the ancient world, because an economy is essential to any society, past or present. to understand the evolution of economies is to better understand people of all places and of all times. captions by captionamerica, pittsburgh, pa. funding for this program was provided by... for more information on t annenberg media ♪ provided by: narrador: en este episodio raquel y arturo siguen con la búsqueda de angel el hijo de rosario y...
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Dec 8, 2013
12/13
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economy is good for the japanese economy. not the best number in the world but by no means the worst. >> how are investors supposed to play this dataset? >> we still find a large number have exposureot to the japanese equity markets in any form. we think that is a big mistake. there has been significant increases in value. we expect further significant increases in value. there is almost no doubt that there are going to be some big winners in the japanese economy going forward. >> thank you so much for that. >> all right. thank you so much for thoughts on the dataset. remember wincing attachment writing a letter with a real pen? things have changed. with the rise of mobile devices, one company is holding onto tradition. honda vehicles have been to the pen maker to see how fast honda nichols has been to the pen maker to see how it has survived. gloves at the pen factory. who really uses pens in the digital age? get, theotifications i more i appreciate it. there is a strong hunger for that. a mass manufacturer. eight charlie ch
economy is good for the japanese economy. not the best number in the world but by no means the worst. >> how are investors supposed to play this dataset? >> we still find a large number have exposureot to the japanese equity markets in any form. we think that is a big mistake. there has been significant increases in value. we expect further significant increases in value. there is almost no doubt that there are going to be some big winners in the japanese economy going forward....
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>> the idea is that it grows when the economy is bad and it contracts when the economy starts to improve. projections are that in the next five years it will go back at the 1996 levels to ensure its economy and the point is to boost wages. neil: one people out of seven people, isn't that bad? >> one person out of seven people is about $23,000 a yer getting for food stamps. >> i'm not sure it's one out of seven. but what i hear what melissa is saying. it's a bad economy. 65% of groceries and food stamps due to that. neil: we also relax the standards? >> yes, starting under george bush. as well as president obama. there were a requirements and tests and the like. but that is a recent development. while people are misleading others about when they say that there is not an explosion of food stamps, there's a higher growth rate. what they are saying is rescue the food stamp program for the truly poor. the. neil: we could go back and forth for who is really poor and who is not poor. but you could go beyond food stamps, now you are close to one out of three americans getting assistance. and it
>> the idea is that it grows when the economy is bad and it contracts when the economy starts to improve. projections are that in the next five years it will go back at the 1996 levels to ensure its economy and the point is to boost wages. neil: one people out of seven people, isn't that bad? >> one person out of seven people is about $23,000 a yer getting for food stamps. >> i'm not sure it's one out of seven. but what i hear what melissa is saying. it's a bad economy. 65% of...
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Dec 9, 2013
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so the economy is 15 trillion-dollar. so it will generate jobs when those people will spend that money. but it's not a jobs program. it's a wage program. that increase, that economic activity, those people will spend that money. it will increase the amount for foods and services. who produces the goods and services? more workers, more workers will be willneed to be hired. >> and richard, help me out here. will you be less reluctant to add another worker or two on a shift if your marginal costs per hour have gone up 10% to 25%? >> well, you have to put that question in context. first of all most of our low wage jobs are in the retail and service industries. a study was done on impact of raging minimum wage to $12.25. in the real retail industry that would amount to 1 hers of annual sales. 6% of payroll. so we're not talking about a dramatic shift, number one. number two, would you hire them? i think the answer is if you want to stay in business and want to stay competitive, yes, you will. no question about it. we're lookin
so the economy is 15 trillion-dollar. so it will generate jobs when those people will spend that money. but it's not a jobs program. it's a wage program. that increase, that economic activity, those people will spend that money. it will increase the amount for foods and services. who produces the goods and services? more workers, more workers will be willneed to be hired. >> and richard, help me out here. will you be less reluctant to add another worker or two on a shift if your marginal...
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Dec 4, 2013
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economy is growing but so is the income gap between the rich and the poor. president obama will talk about how to change that and other aspects of the economy when he speaks at a washington think tank in just a few minutes. mike viqueira joins us from washington. mike, good morning, what are some of the main points the president is expected to address? >> reporter: you are right, the president turning a page now after the last two months healthcare.gov debacle. he is going to talk about the grows gap between rich and poor. it's not a new story or a new subject for president obama. he talked ariel castro it two years ago in a benchmark speech in kansas. and he spoke a little bit about in this year's state of the union. the top 1% in this country have seen their income triple over the course of the last 28 years, meanwhile the middle class has scene their income grow at a modest 1% on average over the course of that same time annually. so the president will be talking about that. he'll be talking once again renewing his call to raise the minimum wage. a lot of
economy is growing but so is the income gap between the rich and the poor. president obama will talk about how to change that and other aspects of the economy when he speaks at a washington think tank in just a few minutes. mike viqueira joins us from washington. mike, good morning, what are some of the main points the president is expected to address? >> reporter: you are right, the president turning a page now after the last two months healthcare.gov debacle. he is going to talk about...
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economy will global economy continues to grow. cheryl: they can't cut any more. and productivity. >> you will start seeing revenue increases, and the economy as a whole, earnings by cutting and creating more. and increase third quarter gdp is an anomaly, and as a whole you take that and say things wwll get better, more products gets old and services rendered in 2014. cheryl: the bigger question for the markets, we are down a few points. and to make that -- >> a string of economic data don't have a string, one or two data points at best. today's data there's a caveat for each of those points, and because of the thanksgiving holiday associated with that. we are far away from actual tapering, december and january, the problem in january a transition period. and it is where it goes. >> march bite be a little early. they want to telegraph any move, the biggest fool is forward guidance. so you see them talk about capering and talk about capering more and more before they do it so i would expect them to have three or four different fomc minutes, increased likelihood of
economy will global economy continues to grow. cheryl: they can't cut any more. and productivity. >> you will start seeing revenue increases, and the economy as a whole, earnings by cutting and creating more. and increase third quarter gdp is an anomaly, and as a whole you take that and say things wwll get better, more products gets old and services rendered in 2014. cheryl: the bigger question for the markets, we are down a few points. and to make that -- >> a string of economic...
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Dec 7, 2013
12/13
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it looks like good news for the economy is finally good news for wall street. stocks rose sharply because of a super strong jobs report. american businesses added 2,300 jobs in november, much more than expected, and the nation's unemployment rate fell to 7% even, that's a five-year low. the rally was broad base with all ten sectors of the s&p 500 index on the plus side. today's gains come after five straight losing sessions on fears that a stronger economy would be the cat list for the federal reserve to cut back on the stimulus plan. now it looks like investors and traders believe a growing economy is good news. so here is a look at today's closing numbers. the dow shot up almost 200 points back above the 16,000 level. the nasdaq jumped about 30 and s&p rose 20 points returning to the 1800 mark again. >>> so where are all those jobs, and what do the gains mean for the economy? hampton pearson takes a look. >> just in time for the holidays, tanger outlets opened this 100 million dollar complex with 80 high-end retailers outside washington d.c. in light of today
it looks like good news for the economy is finally good news for wall street. stocks rose sharply because of a super strong jobs report. american businesses added 2,300 jobs in november, much more than expected, and the nation's unemployment rate fell to 7% even, that's a five-year low. the rally was broad base with all ten sectors of the s&p 500 index on the plus side. today's gains come after five straight losing sessions on fears that a stronger economy would be the cat list for the...
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economy. pope francis was very clear. said red crescent? [laughter] he cares about the message of christ's. we have to heed the words of poverty spread first of all, i would like to issue to the opel for issues of god island rather listen to stephen on issues of the economy. [laughter] capitalism has allowed it billion people to do triple for space it, over the past seven years the pope shed cozied up to us. >> i seit you could work as a child of the cold wind. in arkansas with people working two years with their kids is 60,000 but that is on a lot in california just with cost-of-living does not always work is great to raise minimum-wage there is too many variables that point to a clear path but ideally you do not want that of all wages and the recession yu want to increase unemploymenand you want those of benefits to drive wages down and the value could save that with unemployment benefits but they could never do that to adjust the problem with having a supply of that now is you want people t
economy. pope francis was very clear. said red crescent? [laughter] he cares about the message of christ's. we have to heed the words of poverty spread first of all, i would like to issue to the opel for issues of god island rather listen to stephen on issues of the economy. [laughter] capitalism has allowed it billion people to do triple for space it, over the past seven years the pope shed cozied up to us. >> i seit you could work as a child of the cold wind. in arkansas with people...
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is spending cuts to deal with their ailing economy there's no recovery in sight nor will there be for quite some time to protest too but assign it to stick with brussels assist with austerity ice and cannot be directly compared because of course of the size of the economies and indeed the population as well go i said with three hundred twenty thousand greece with eleven point three million people plus although foreign debt in iceland was six times higher than g.d.p. during the crash greece however after four years of austerity measures designed to reduce greece's public debt has instead continued to grow to one hundred seventy five percent of g.d.p. and the biggest difference of all of course greece has the euro iceland has the freedom of their own currency. let's get more perspective now from rodney shakespeare he's a professor of binary economics joining us from our london studios so do you share this optimism that iceland really is enjoying a financial recovery now. iceland is quite right to make an upfront challenge to the global financial system. unless you say that you're going
is spending cuts to deal with their ailing economy there's no recovery in sight nor will there be for quite some time to protest too but assign it to stick with brussels assist with austerity ice and cannot be directly compared because of course of the size of the economies and indeed the population as well go i said with three hundred twenty thousand greece with eleven point three million people plus although foreign debt in iceland was six times higher than g.d.p. during the crash greece...
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trajectory in the world economy although they have all been showing signs of some weakness. in recent months because the global situation is not good and the crisis in the global system is continuing to work itself out over many years and that affects everyone including the british. let's get a corporate talk about the father this week so little and. small. could be europe's if you know how the jewel screen with the traditional l.c.d. color display alongside tonic paper display on the system and so you. can do device on the inside itself a little in russia and several other european countries is right up prices around six hundred seventy five dollars a year up six hundred dollars in russia which is also you saw it cheaper than competitors like i phone five in the summer galaxy s poll. shows the longest employ of russian broadway's has put a third of its employees about three hundred thousand on stilts and walking allies the head of the middle. name says that the part time show is necessary given the current economic climate the decline in right all the ace. russia central ba
trajectory in the world economy although they have all been showing signs of some weakness. in recent months because the global situation is not good and the crisis in the global system is continuing to work itself out over many years and that affects everyone including the british. let's get a corporate talk about the father this week so little and. small. could be europe's if you know how the jewel screen with the traditional l.c.d. color display alongside tonic paper display on the system...
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economy is heading in 2014. talk to me about what you think the view should be on industrials overall? how should they play that? >> that is a good point. we are more cautious on industrials overall. the two performing sector since march of 2009 both look pretty fully valued on a historical basis. trade we like is if people are realizing gains and individual stocks, a nice way to keep exposure is look at xl i buy some march calls. there was a 30 d. about 30% of the upside is in the stock at initiation. a nice way to keep long exposure on as you're trimming individual stock positions. >> to trades for everyone out there. thank you so much. we are on the markets once again in 30 minutes. "lunch money" with adam johnson is up next. ♪ . . >> welcome to "lunch money" where we tied together stories in business news. t minus four days until congress goes on vacation. still no deal. is this a series of interviews. today we're going to show how you buy fake toys. new bikes actually cost less than a vespa. how much woul
economy is heading in 2014. talk to me about what you think the view should be on industrials overall? how should they play that? >> that is a good point. we are more cautious on industrials overall. the two performing sector since march of 2009 both look pretty fully valued on a historical basis. trade we like is if people are realizing gains and individual stocks, a nice way to keep exposure is look at xl i buy some march calls. there was a 30 d. about 30% of the upside is in the stock...
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Dec 4, 2013
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the other issue, obviously, is the economy. high unemployment, growing disparity in wealth and income in this country. >> vermont senator bernie sanders, great to have you on this morning. thanks for your time. >> thank you. >> absolutely. >>> after the president's speech on the economy this morning, he's going t stop by this afternoon's white house youth summit. the goal is to engage the so-called young invincibles, ages 18 to 35, that the white house is banking on to make obama care a success. joining me is dr. coreyhebert and elizabeth plank, executive social editor at policy mike. it's great to have you both here. elizabeth, in just a few hours policy mike is launching this week-long competition at today's youth summit. tell us about the competition and how you're hoping to engage the conversation about insurance. >> sure. we're really excited to be launching this competition today at the white house. we're going to be inviting millennials from across the country to give their ideas, their proposals and project ideas about
the other issue, obviously, is the economy. high unemployment, growing disparity in wealth and income in this country. >> vermont senator bernie sanders, great to have you on this morning. thanks for your time. >> thank you. >> absolutely. >>> after the president's speech on the economy this morning, he's going t stop by this afternoon's white house youth summit. the goal is to engage the so-called young invincibles, ages 18 to 35, that the white house is banking on...
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Dec 8, 2013
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why is the economy improving. because consumers are continuing to stand and we are seeing the housing market. i can has been a big driver. that has really come back strongly this year. it is very important because not only is the real estate sector an important part of the economy. it leads to construction jobs and people buy homes and furnish those homes. i think the gains we have seen in the home sector has really helped. >> let me ask you about the federal reserve and the policy put in place by ben bernanke likely to continue in the next likely chair of the federal reserve, yellen. i want to ask you about quantitative easing and quantitative easing three. will it continue under janet yellen? guest: it will certainly continue. the question is whether or not they will start to end it. at this point, they have continued to push forward on the bond buying program, a stimulus program for the economy. there has been a lot of talk that maybe action as this month's meeting, they will say, we will fall back on the level
why is the economy improving. because consumers are continuing to stand and we are seeing the housing market. i can has been a big driver. that has really come back strongly this year. it is very important because not only is the real estate sector an important part of the economy. it leads to construction jobs and people buy homes and furnish those homes. i think the gains we have seen in the home sector has really helped. >> let me ask you about the federal reserve and the policy put in...
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Dec 6, 2013
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scott: the fed has way outpaced the economy. angie: topic two: drone groan. amazon is showing off delivery drones-- will the stock continue to ride higher? and what other tech stocks could get an air lift? scott: i'm gonna stay short of being short tech stocks right now because i feel as through we're going back to a 1999 scenario where we're seeing some of these valuations way outpaced what they're actually worth. bricks and mortar and or/what they produce. twitter hasn't even given us a profit. alan: a lot of these ipo stocks make no money, so i'm with you on that. but let's get back to amazon. amazon is its own entity. it doesn't make money but you cannot fight this stock. i'm not gonna make any pizza cracks here because that's where they're going with the drone delivery. but i think the play here on the internet on the amazon type sales is ebay. ebay at 50 bucks. scott: alan, you've fallen for bezos' ploy. alan: it's working! scott: he just talks about a drone. it's not gonna ever happen and here we are talking about his stock. he's getting free advertise
scott: the fed has way outpaced the economy. angie: topic two: drone groan. amazon is showing off delivery drones-- will the stock continue to ride higher? and what other tech stocks could get an air lift? scott: i'm gonna stay short of being short tech stocks right now because i feel as through we're going back to a 1999 scenario where we're seeing some of these valuations way outpaced what they're actually worth. bricks and mortar and or/what they produce. twitter hasn't even given us a...